Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...

Britain's Financial Reporting Council has opened an investigation into EY over its audit of Post Office Limited, it said on ...

The EY accounting firm is under investigation over how it audited the British Post Office nearly a decade ago.

Here’s what we know about Florida DOGE’s audit of public universities throughout the state, based on the letter that was sent ...

EY is being investigation over its audits of the Post Office in the wake of the Horizon scandal, which saw hundreds of ...

As AI works its way into more and more business processes, it has become increasingly important for auditors to understand ...

Audit fee provisions are not allowable unless they meet the test of accrual & crystallization. Prior period payments can be allowed, but only if reflected clearly in the books. This ruling reinforces ...

Though the SEC has yet to issue regulations specific to AI, that doesn't mean companies are off the hook when it comes to ...

Odd deductions, failing to file a tax return on time, and just making a lot of money can be enough to raise eyebrows with the IRS.

Sen. Joni Ernst is gearing up for Tax Day with new legislation requiring the IRS to police itself and ensure that all of its ...

IndusInd Bank reports accounting lapses in its derivative portfolio, resulting in a Rs 1,979 crore impact on networth. The bank has appointed external agencies to investigate and mitigate the ...

IndusInd Bank faces ₹1,979 crore accounting lapses in derivative portfolio, hires PwC and Grant Thornton for investigation.